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Mathematics, 29.01.2020 07:10 maddihamidou

Amath club is researching a golf tournament fund-raiser. it will cost $1,000 to host the tournament. if it rains, the club will lose the investment. if it is sunny, it is expected that the club will collect $4,500 from the participants. if the chance of rain is 20%, solve for the expected value for the tournament.

a.) –$800
b.) –$200
c.) $2600
d.) $3400

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